Browse the world's most comprehensive database of hedge fund investor letters, sorted by recent quarter. Access primary source research from leading institutional managers.
Browse the world's most comprehensive archive of hedge fund manager letters. Access primary source research from leading institutional managers, sorted by reporting period.
The Overstone Global Equity Fund posted a strong +34.7% return in 2025, significantly beating the MSCI World. The manager warns of broad-market index concentration in AI and high valuations, preferring deep-value asset plays like Swatch and Exor.
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The Overstone Global Equity Fund posted a strong +34.7% return in 2025, significantly beating the MSCI World. The manager warns of broad-market index concentration in AI and high valuations, preferring deep-value asset plays like Swatch and Exor.
The Small Cap Value Equity strategy returned 2.1% net in Q2 2025, lagging its benchmark due to specific stock selection headwinds in financials and energy. However, the manager is highly constructive on the outlook, citing favorable macro trends and historically cheap valuations relative to mega-cap growth.
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The Small Cap Value Equity strategy returned 2.1% net in Q2 2025, lagging its benchmark due to specific stock selection headwinds in financials and energy. However, the manager is highly constructive on the outlook, citing favorable macro trends and historically cheap valuations relative to mega-cap growth.
